All about money matters!

When we are younger, parents teach us to be careful with money. They teach us to spend cautiously. Right from our first salary, the general advice we get is “Beta, sab kharch mat kar dena. Thoda save karna seekho.”. Our generation is slightly different from our parents’. We not only want to earn and save, but also want to spend. To be able to spend AND save, we need slightly more money than what their generation needed. With that comes the need to have multiple sources of income and various capital building methods. How to save is something our parents have taught all of us. So, now, welcome to my blog, where we discuss ways and means of increasing your capital gradually!

I am PB Shruti. I have done PGDM in Banking & Financial Services from T. A. Pai Management Institute, Manipal and B. Tech. from Indian Institute of Information Technology, Jabalpur. I have experience in Corporate Valuation and I have been working in the Indian Stock Markets since January 2020. I am a SEBI registered Research Analyst since May 2021. Together, let us learn all about money matters!

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Budget 2025- A summer's rain for the Indian middle class

We all started listening to the budget speech with a long wish list and zero expectations! However, the middle class was in for a surprise. Of the long speech by FM Nirmala Sitharaman, our attention was caught by the last line,”Up to 12 lakhs no tax.” Let's delve deeper into the devil called details of the statement ‘up to 12 lakhs no tax’. (If you know the details skip to the next segment) This is applicable to the new tax regime only. The slab is not starting from 12 lakhs. Simply put, not everyone gets zero tax till 12 lakhs! For less than 12 lakhs. Congratulations! While filling the return you'll get a full tax rebate (rebate is like a discount coupon that you can apply when you file your taxes). So zero tax. 12 to 12.75 lakhs: To ensure fairness for those whose income is just above 12 lakhs (up to 12.75 lakhs), a marginal relief is provided. (Marginal relief is like grace marks that is given to students who fail the test with a mere 1 or 2 marks) Rebate is not applicable ...

Budget 2024- Push and pull of money in the hands of investors and traders

Kudos to Ms. Nirmala Sitharaman for her record making budget speech! Yesterday, she replaced the record of Mr. Morarji Desai(total 6 budget speeches) as she presented her 7th consecutive budget speech! As an Indian and as a woman, I rejoice when such steep records are broken by an Indian woman! Modi government and FM Nirmala Sitharaman are both known for their 'no-nonsense' approach and it is yet another occasion where they have shown that their allies can be supported without losing political control. The government stuck to its policies of continuous capital expenditure (poised to spend 3.4% of GDP in 2024 on capex, Rs. 11.1 lakh crores) along with fiscal prudence and inflation control. Kudos to the government for their ability to control inflation (under 5%) despite the global inflation scenario while keeping the fiscal deficit at 4.9% of GDP. Yes, all are looking at the 'special capex plans and acts' laid out for Andhra Pradesh and Bihar, but given the current p...

‘Spend Now’ vs ‘Save for the Future’ Dilemma? Here’s the answer!

You must have heard of the ' POWER OF COMPOUNDING '. Unfortunately, we don’t really understand the real "power" of it, neither do we do anything about it unless it is too late . Some people I know are very particular about money and often focus on how they save and invest it. I also know others who have no clue about saving and live for the day. This blog isn't about being stingy and saving every dime you earn. It is about being SMART with money ! Let's take an example of two people. Let's call them Rita and Sunil. Rita is 30 years old while Sunil is 45 . Both of them are looking at building a 1 crore corpus each before they turn 60 . They are conservative investors (like your next-door uncle) who don’t want to take much risks with their savings. These days savings account in a bank like SBI gives a meagre return of 3% p.a. Building a portfolio using a 3% return does not fetch anything. Hence, they turn to PPF which gives 7% p.a. return to create their dre...

All about money matters!

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